Evsion Lab

Why Do Most Technology Entreprenuers Fail?

Posted by Eunjin Gregorio under Uncategorized

The majority of technology entreprenuers fail. They fail to receive adequate financing and as a result, they fail to build a successful company and to commercialize their product. Moreover, their dream of turning their vision (in the form of their product or invention) into reality fails as well. Approximately 1 out of every 300 invester presentations that are heard, or business plans that are read by investors, ever receive the appropriate levels of funding required for commercialization. When coupled with the number of public and private grant applications that fail to receive funding that number increases. So why do most technology entreprenuers fail while providing clear and practical steps that can be immediately implemented to empower them with a better chance of success. [ Download PDF file ]

You must have PDF Reader in order to read the rest of the essay. By Peter Abramo, Ph.D & Michael Edmondson, Ph.D

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